News Centre

New Zealand's Financial Markets Authority AFA Update: Issue # 22 - Second Consultation On Regulatory Reporting Guide (RRG) For Authorised Financial Advisers – Open Now

Date 20/03/2014

Further to our last AFA Update, we have opened a second consultation on the proposed RRG for Authorised Financial Advisers. As a result of the constructive feedback received from the first consultation, we undertook a comprehensive and detailed review of the proposed RRG and Information Return, (which is intended to be the first reporting requirement contained in the RRG).

Shenzhen Stock Exchange Market Bulletin 17 March, 2014 - Issue 9

Date 20/03/2014

Last week, Shenzhen Component Index tumbled 1.2% to 7239.1 points. SME Index closed at 4834.8 points after losing 3.2%. ChiNext Index was down 1.8% to 1434.0 points. Total turnover for stocks and funds on SZSE was US$85.9 billion, or a 21.0% decrease from the week before.

Tokyo Commodity Exchange: Changes To The Hallmarks On Deliverable Grades

Date 20/03/2014

The hallmark on the below Deliverable Grade of Precious Metals has been modified:

• Commodity: Gold
• Producer: Chugai  Mining Co., Ltd.
• Brand name: Chugai  Mining Co., Ltd.

Statement Of Commissioner Scott D. O’Malia Request For Comment On Part 45 And Related Provisions Of The Commission’s Swap Data Reporting Rules

Date 19/03/2014

I support the request for comment on part 45 and related provisions of the Commission’s swap data reporting rules. I commend the cross-divisional data team’s effort to fix our reporting rules and enhance the Commission’s ability to use its data. I hope that the data team and the Commission will carefully evaluate market participants’ comments and recommendations and develop workable solutions to improve our data reporting regime.

TSX Markets: Top 20 Largest Consolidated Short Position Report - March 15, 2014

Date 19/03/2014

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending March 15, 2014.

Bank Of England: Minutes Of The Monetary Policy Committee Meeting Held On 5 And 6 March 2014

Date 19/03/2014

​The Governor invited the Committee to vote on the propositions that:

• Bank Rate should be maintained at 0.5%;
• The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

CFTC Charges Florida-Based Gold Distributors Inc. And Its Owner, Jordan Cain, With Engaging in Illegal, Off-Exchange Commodity Transactions

Date 19/03/2014

he U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against DefendantsGold Distributors Inc. (GDI) of Hallandale Beach, Florida, and its sole owner, Jordan Cain of Miami, Florida. The CFTC Complaint charges the Defendants with engaging in illegal, off-exchange financed transactions in precious metals with retail customers.

CFTC Charges South Carolina Residents Robert S. And Amy L. Leben With Commodity Pool Fraud For The Operation Of A Multi-Million Dollar Ponzi Scheme - Federal Court Issues Emergency Order Freezing Defendants’ Assets And Protecting Books And Records

Date 19/03/2014

The U.S. Commodity Futures Trading Commission (CFTC) announced today that, on March 14, 2014, Judge Terry L. Wooten of the U.S. District Court for the District of South Carolina issued an emergency Order freezing assets under the control of Robert S. Leben and Amy L. Leben (Lebens) of Columbia, South Carolina, in connection with a commodity pool called Structured Finance Group Corporation (SFG).  The Order also prohibits the Lebens from destroying books and records and allows the CFTC immediate access to those records.

Statement By The European Commission, The ECB And The IMF On Greece

Date 19/03/2014

Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The teams have reached staff-level agreement with the authorities on policies that could serve as the basis for completion of the review.

CFTC Charges Ohioan Bradley A. Miklovich With Unauthorized Trading

Date 19/03/2014

The U.S. Commodity Futures Trading Commission (CFTC) today charged Bradley A. Miklovich, a former senior commodities analyst with Rice Investment Company (Rice), a commodity brokerage firm registered with the CFTC as an Introducing Broker located in Maumee, Ohio, with commodity futures fraud. Miklovich resides in Stow, Ohio.